Europe Research Roundup: ASMI, NCC Group, Swatch Group AG

Royal Unibrew A/S

17/01/2023 07:22

Jan 17 (Reuters) - Securities analysts revised their ratings and price targets on
several European companies, including ASMI, NCC Group and Swatch Group AG on Tuesday. 
    HIGHLIGHTS  
                 * ASMI  ASMI.AS : Barclays starts coverage with underweight rating; target
 price EUR 230 
 
                 * Infineon Technologies AG  IFXGn.DE : Barclays starts coverage with overweight
 rating
 
                 * NCC Group Plc  NCCG.L : Berenberg cuts to hold from buy 
 
                 * Swatch Group AG  UHR.S : Jefferies raises to buy from hold
 
 Following is a summary of research actions on European companies reported by Reuters on Tuesday.
Stock entries are in alphabetical order.
                 * 888 Holdings Plc  888.L : Berenberg cuts target price to 220p from 320p 
 
                 * AB Foods  ABF.L : Jefferies raises target price to 1,750p from 1,500p 
 
                 * ADP  ADP.PA : Jefferies raises target price to EUR 155 from EUR 142 
 
                 * ASMI  ASMI.AS : Barclays starts coverage with underweight rating; target price EUR 230 
 
                 * ASML Holding NV  ASML.AS : Barclays starts coverage with equal weight rating
 
                 * ASML Holding NV  ASML.AS : Barclays starts coverage with target price EUR 680 
 
                 * Asos Plc  ASOS.L : Jefferies raises target price to 750p from 625p 
 
                 * Aumann AG  AAGG.DE : Citigroup cuts price target to EUR 20 from EUR 22.4 
 
                 * Avanza Bank  AVANZ.ST : JP Morgan raises target price to SEK 160 from SEK 154 
 
                 * AXA  AXAF.PA : Jefferies raises target price to EUR 34 from EUR 32 
 
                 * BESI  BESI.AS : Barclays starts coverage with underweight rating; target price EUR 55 
 
                 * BNP Paribas  BNPP.PA : HSBC raises target price to EUR 76 from EUR 74 
 
                 * Eiffage  FOUG.PA : JP Morgan cuts target price to EUR 110 from EUR 116 
 
                 * Entain  ENT.L : Berenberg cuts target price to 1,930p from 2,000p 
 
                 * Entain  ENT.L : Berenberg cuts target price to 1,930p from 2,000p 
 
                 * Finecobank  FBK.MI : JP Morgan raises target price to EUR 18 from EUR 16.70 
 
                 * Fraport  FRAG.DE : Jefferies raises target price to EUR 37 from EUR 33 
 
                 * Geberit AG  GEBN.S : Jefferies cuts target price to CHF 341 from CHF 346 
 
                 * Infineon Technologies AG  IFXGn.DE : Barclays starts coverage with overweight rating
 
                 * Infineon Technologies AG  IFXGn.DE : Barclays starts coverage with target price EUR 47 
 
                 * ITM Power Plc  ITM.L : RBC cuts target price to 260p from 500p 
 
                 * Marks & Spencer Group  MKS.L : HSBC raises target price to 150p from 105p 
 
                 * Natwest Group Plc  NWG.L : Berenberg raises target price to 380p from 350p 
 
                 * NCC Group Plc  NCCG.L : Berenberg cuts to hold from buy 
 
                 * NCC Group Plc  NCCG.L : Berenberg cuts target price to 240p from 260p 
 
                 * Nordnet AB (Publ)  SAVE.ST : JP Morgan raises target price to SEK 160 from SEK 152 
 
                 * OCI NV  OCI.AS : Berenberg cuts target price to EUR 38 from EUR 47 
 
                 * Orsted A/S  ORSTED.CO : JP Morgan cuts target price to DKK 760 from DKK 920 
 
                 * Quilter Plc  QLT.L : JP Morgan cuts to underweight from neutral 
 
                 * Quilter Plc  QLT.L : JP Morgan cuts target price to 74p from 83p 
 
                 * Royal Unibrew A/S  RBREW.CO : Jefferies cuts target price to DKK 500 from DKK 520 
 
                 * Schroders  SDR.L : Jefferies adjusts PT to 480p from 3,000p to reflect schroders' share
 consolidation 
 
                 * St. James's Place  SJP.L : JP Morgan raises target price to 1,153p from 1,020p 
 
                 * STMicroelectronics NV  STM.PA : Barclays starts coverage with overweight rating
 
                 * STMicroelectronics NV  STM.PA : Barclays starts coverage with target price EUR 60 
 
                 * Swatch Group AG  UHR.S : Jefferies raises to buy from hold
 
                 * Swatch Group AG  UHR.S : Jefferies raises target price to CHF 370 from CHF 275 
 
                 * Swedish Orphan Biovitrum  SOBIV.ST : RBC raises target price to SEK 240 from SEK 235 
 
                 * Temenos AG  TEMN.S : JP Morgan raises target price to CHF 79 from CHF 70 
 
                 * Vinci  SGEF.PA : JP Morgan raises target price to EUR 117 from EUR 116 
 
                 * XP Power  XPP.L : HSBC raises target price to 2,950p from 1,800p 
 
                 * Zalando SE  ZALG.DE : JP Morgan raises target price to EUR 35 from EUR 31 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))